As Florida’s job creators continue to recover, they can be helped if Florida lowers the cost of the unemployment compensation tax increase on Florida employers. Job creators need an immediate and significant savings by lowering unemployment compensation taxes instead of tax increases.
While progress has been made in recent years, employers and job creators can still save, creating more jobs even as they help with reemployment assistance programs to help Floridians get back to work faster through additional skill set training.
Reduced Unemployment Compensation Costs
HB 7007 (Rep. Trujillo): Signed by Governor on May 17, 2013
SB 518 (Sen. Hukill), HB 391 (Rep. Magar)
Paying unemployment compensation interest assessments out of a trust fund returns $9.6 million in savings to job creators. Unemployment compensation fraud will also decrease under this measure.
While there is a lot to celebrate, our work to make Florida more competitive isn’t over. We must be aggressive in our pursuit of opportunities in international trade and economic development to bring high-skill, high-wage jobs to our state.
While Florida is poised to take advantage of global economic opportunities, we must work smarter to ensure cargo ships leaving Florida ports are fi lled with products we manufacture. Florida’s opportunity is nothing short of leading by example and paving the way for America. Our competition is no longer Alabama or Georgia or even Mississippi. Our competition is China, India, Korea and so many other nations. Now is the time to seize the goal of doubling Florida-origin exports.
- 2013 Legislative Summary (PDF D0cument)
- One-Pager: Unemployment Compensation (PDF Document)
- Voice of Reason: Standing Up for Florida’s Job Creators (PDF Document)
- Where We Stand
- How They Voted
- Legislative Report Card
- The Florida Scorecard